# Mica

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mica

- Industry: Financial Services
- Headquarters: Bee Cave, US
- Website: www.mica.io
- Latest round: Seed (Jun 1, 2020)
- Investors on record: 1

## About

Mica is a US-based company specializing in a groundbreaking payment processing platform that enables secure, credential-less account linking and facilitates irrevocable transactions across various payment types.Mica operates a payment processing platform that facilitates fraud-free account linking. Founded in Bee Cave, US, the company has undergone strategic pivots to enhance its technology. In March 2025, Mica raised USD 10 mn in venture funding from Maqro Advisors, Moonshots Capital, and Intercontinental Exchange, bringing the total amount raised to USD 10 mn. The company has completed 4 deals to date, with its latest deal occurring on March 10, 2025.Mica’s core offerings revolve around a revolutionary payment processing platform designed to facilitate credential-less and fraud-free account linking. The technology enables irrevocable transactions with real-time revenue recognition, supporting various payment types through multi-tender functionality. Key use cases include online, in-store, and in-app payments, catering to a diverse clientele that encompasses both retail and peer-to-peer networks. Mica's solutions also include SKU-level adjudication and dynamic digital receipts, enhancing the customer experience by providing detailed transaction information. The platform is designed for a wide array of geographical markets, including North America, Europe, and select regions in Asia, ensuring accessibility and adaptability across different payment environments.Mica's revenue structure is primarily driven by transaction fees associated with its payment processing services, which are utilized by businesses across various sectors. Clients are charged on a per-transaction basis, with the potential for additional fees tied to multi-tender functionalities and optional KYC assertions. The platform's capabilities are ideally suited for both B2B and direct-to-consumer transactions, enabling businesses to streamline their payment processes while ensuring compliance and security. While specific pricing details for Mica's flagship services are not disclosed, the company's innovative solutions, backed by a robust patent portfolio, position it favorably within the competitive payments landscape. As Mica continues to expand its client base, its revenue model is expected to scale with increased transaction volumes across its diverse service offerings.In March 2025, Mica plans to utilize the USD 10 mn funding to commercialize its new payment infrastructure, enabling further market penetration. The company aims to expand into additional regions in North America and Europe, with targeted launch efforts by late 2025. The funding will support the rollout of new product features designed to enhance user experience and cater to evolving market demands.

## Funding rounds

- Seed, Jun 1, 2020 — Xplorer Capital

## Investors

- Xplorer Capital (https://capitalatlas.ai/funds/xplorer-capital) — Seed